The only thing worse than the house not selling...

...is the house selling.

A couple from CA (yep...that's right. I sold my house to Californians!) looked at the house on Sat morning 2 weeks ago. Offer on Mon morning, countered Mon afternoon, under contract on Tues the 17th. And, they're cash buyers so they wanted a quick closing.

We are REALLY scrambling to get everything done so we can close on Dec 3rd. Major PITA but, obviously, it's a good thing and will be over soon enough.

LESSONS LEARNED:

We initially contracted with Trelora to sell the house. Trelora is a flat-rate broker. I don't have any complaints with Trelora at all. Very good company with very good service. Problem is traditional agents won't show the home. We had about 4 showings in 7 months thru Trelora. We relisted with a traditional agent. Listing went "live" on Fri at about 4:30pm. By 5pm we had two showings scheduled for Sat and 2 more for Sun. Under contract by Tues.

Curious why traditional agents won't show the house? Area?

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Originally Posted by kwando

Curious why traditional agents won't show the house? Area?

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i'd assume with a flat rate listing they aren't making the $$$?

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Originally Posted by kwando

Curious why traditional agents won't show the house? Area?

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Not enough of a commission I suppose.

Yeah...it's the commission. Trelora sells the house for a flat rate of $2500. Flat rate to the buyer agent of $3000. Even after we bumped the buyer agent commission to 2.8% we still didn't get any showings. The buyer agent probably sees "Trelora" as the broker and assumes commission is $3k.

We wound up using Madlom Real Estate. The only thing they did differently than Trelora was print up some really nice brochures on the house. But they were very professional, prompt and quick to return calls or emails. I'd highly recommend them. I can get the agent's name to anyone interested.

The Trelora model is probably more effective in the metro area where their agents can actually show the house. They don't do showings in this area so we had to rely on buyer agents finding the house. Didn't work.

Congrats on the sale!

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Originally Posted by Bailey Guns

(yep...that's right. I sold my house to Californians!)

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Well lets hope they're fed up Americans looking to move back to America and buy guns and vote for Republicans.

Gad you sold it, hopefully they aren't douchebag Californians.

Don't know anything about them except they're an older, retired couple.

I gotta get my realtors license when I get to Alaska...
A job where I think I'm worth too much to unlock a door for 3k sounds perfect for me.